Ban on U.S. crude exports moves closer to ending with Murkowski call
Pressure continues to build on the Obama administration to end a ban on U.S. crude oil exports that dates back to 1975. Yesterday Alaska Senator Lisa Murkowski, the ranking Republican on the Senate Energy and Natural Resources Committee, called for an end to restrictions on crude oil exports that date back to the Arab oil embargo
Major nerves over minor economic data tomorrow
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Wither the weather key question for natural gas prices in the short term
Natural gas futures continued to move higher as an Arctic vortex delivered cold, colder, and coldest air to the United States. But hedge funds have apparently decided that this is as cold as it gets.
A slight pause in the growth is stronger than expected story
A reminder today that financial markets in the U.S. and the rest of the world may have gotten a bit ahead of themselves recently in their optimism about economic growth for 2014. Projections for better than expected growth in the U.S. and EuroZone economies—and for stable growth in China—are just that, projections, today’s actual data demonstrates.
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...China fears continue to drive emerging market (downside so far) volatility
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Good news for a very young 2014: Markets don’t retreat on Bernanke’s positive views
The most encouraging news for the financial markets today wasn’t outgoing Federal Reserve chairman Ben Bernanke’s positive comments on the U.S. economy. Instead I’d say the real good news today is that the stock and bond markets didn’t use Bernanke’s positive view as a reason to retreat.
Look for more write downs of gold reserves in January
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...As we begin 2014, the question is To rotate or not to rotate
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
China’s export sector slips into contraction in December in PMI data
Today’s data in the official purchasing managers index for the manufacturing sector showed a drop too 51 in December from 51.4 in November. In this index any number above 50 shows that the sector is expanding so China’s manufacturing sector is still showing growth. But a sub-index that tracks export orders in the manufacturing sector actually fell into the red in December at 49.8, down from 50.6 in November.
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